Patient,,,
I am more like your cousin. I even borrow credit card money at 2% and bank it at 5.50%.
I rack up airline mileage and cruise credits at zero cost to me, and earn interest on the money up until the day that I have to pay that dang bill.
It’s been working for me.
Of course debt is growing, that’s what the govt and big business wants and that’s how govt gauges a healthy economy. Saving and investing wisely isn’t good for the economy.
Money is just a tool, just like a hammer to a construction worker. When used correctly it produces results.
People can be taught, they ARE capable of learning.
Most have never had a teacher. They respond to fear and greed. It’s exactly why so many people are in the housing and financial mess that they are in.
Why people use debit cards, I do not know. It sucks the money right out your account immediately and does absolutely nothing for your credit score, nor get you free airline trips or other credits, yet you are paying the exact amount for the items that you buy.
